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 Storing Multiple Currencies in CO-PA


Profitability Analysis lets you store your data in two currencies - a global (group) currency and a local (company) currency - to help meet the requirements of corporations operating on an international level.

You have the option of storing all data only in the operating concern currency or in both the operating concern currency and the currency of the relevant company code. You specify this when you define the attributes of your operating concern.

The data in the different currencies is distinguished by the currency type . The currency type determines which currencies are relevant from the viewpoint of which organizational units throughout the SAP System. For example, the company code currency is the currency defined for a specific company code. Likewise, the operating concern currency is that used for a specific operating concern.

CO-PA supports the following currency types:

  • B0 (operating concern currency)

  • 10 (company code currency)

When To Use Multiple Currencies

The answer to this question is demonstrated in the following example.

An international corporation has its headquarters in the United States and has a subsidiary in the UK. The operating concern currency is the U.S. dollar, while the company code currency of the subsidiary is the British pound.

If this organization uses parallel currencies in CO-PA, all transactions carried out by the British subsidiary are posted in British pounds in Financial Accounting (FI), but stored in two currencies in CO-PA - pounds and dollars. Both of these currencies are updated simultaneously in CO-PA when each transaction is posted.

It makes sense to use both currencies when the organization carries out transactions in currencies whose exchange rates change daily (such as US dollars and British pounds). This helps you avoid exchange rate differences and makes it possible to reconcile the CO-PA data with that in FI.

You can plan in CO-PA in either the company code currency or the operating concern currency in each version. You can convert your planning data to the other currency by copying the data to a plan version that uses the other currency and translating it using a planned exchange rate.

In the information system , you can display reports in the operating concern currency as well as in the company code currency.

When Not To Use Multiple Currencies

If your organization works with average exchange rates by period instead of exchange rates that fluctuate daily, it is advisable not to update both currencies. If you did, you would be doubling your data volume without gaining any additional information. Alternative currency translation functions are available in planning and in the information system to let you translate all values using average exchange rates by period.

See also:

Storing Actual Data in Multiple Currencies

Multiple Currencies in Planning

Multiple Currencies in the Information System